South America Adhesives And Sealants Market Size (2024 - 2029)

South America Adhesives and Sealants Market Analysis

The South America Adhesives And Sealants Market size is estimated at USD 4.07 billion in 2024, and is expected to reach USD 5.26 billion by 2029, growing at a CAGR of greater than 5% during the forecast period (2024-2029).

The South American adhesives and sealants market was significantly affected by the COVID-19 pandemic, bringing both challenges and opportunities. Lockdowns and disruptions in industries like construction and manufacturing initially reduced demand. However, the pandemic simultaneously increased the need for adhesives and sealants in manufacturing medical supplies, personal protective equipment, and hygiene products. Despite the initial setbacks, the market is anticipated to recover and exhibit long-term growth.

The demand for adhesives and sealants is extensively driven by the growing demand from the construction industry and increasing healthcare infrastructure.

However, the market growth is likely to be hindered by the stringent VOC emissions regulations related to adhesives and sealants.

The innovation and development of bio-based adhesives and shifting focus toward adhesive bonding for composite materials are likely to offer opportunities for the adhesives and sealants market in the region.

Brazil stands to be the largest market for adhesives and sealants in the region, where the end-user industries, such as construction, aerospace, and automotive, majorly drive consumption.

South America Adhesives and Sealants Industry Segmentation

Adhesives are substances that are used to join or bond two or more surfaces together by sticking to them. They are a type of material that provides cohesion between different substrates, creating a durable and often permanent bond. Adhesives are employed in a wide range of applications, from everyday household use to industrial and technological processes.

Sealants are materials used to fill, seal, or close gaps and joints to prevent the passage of liquids or gases. They are designed to provide a barrier against moisture, air, dust, and other environmental elements. Sealants are commonly used in construction, automotive, aerospace, and other industries to create airtight and watertight seals, as well as to provide insulation and protection.

The South American adhesives and sealants market is segmented into Adhesives by Resin (Acrylic, Cyanoacrylate, Epoxy, Polyurethane, Silicone, VAE/EVA, and Other Resins), Adhesive by Technology (Hot-Melt, Reactive, Solvent-Borne, UV-Cured, Water Borne), Sealant Product Type (Polyurethane, Epoxy, Acrylic, Silicone, and Other Resins), End-user Industry (Aerospace, Automotive, Building and Construction, Footwear and Leather, Healthcare, Packaging, Woodworking and Joinery, and Other End-user Industries), and Geography (Argentina, Brazil, Colombia, and Rest of South America). The report offers market size forecasts for the adhesive and sealant market in terms of revenue (USD million) for all the above segments.